"MPs will have received a 19,000 pay rise by the end of this parliament, the watchdog has announced. The Independent Parliamentary Standards Authority (IPSA) said on Monday that the salary of an MP will increase to 98,599 in 2026-27 before rising to 110,000 by 2029. Announcing the decision, the body said MPs were facing increased levels of abuse and dealing with more complex workloads in their role."
"It means 12m more will be spent on the pay of the Commons' 650 MPs by the expected date of the next election. The announcement comes just 24 hours before chancellor Rachel Reeves is set to give her Spring Statement with an update on the state of the country's finances, and amid fears she will have to raise taxes again in the autumn."
The Independent Parliamentary Standards Authority announced that MPs' salaries will increase from the current £93,904 to £110,000 by 2029, representing a £19,000 raise. The authority justified the decision by citing increased levels of abuse directed at MPs and more complex workloads in their roles. This pay increase will cost an additional £12 million across the 650 Commons MPs by the expected date of the next election. The announcement occurs amid broader financial pressures on the UK government, including concerns about potential tax increases and rising energy costs from international conflicts.
Read at www.independent.co.uk
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